ONGC launches 1 GW wind-solar hybrid tender
ONGC, India’s largest crude oil and natural gas company, is accepting bids to set up 1 GW of co-located wind-solar hybrid power projects (500 MW solar plus 500 MW wind) for its captive consumption. Bidding closes on Oct. 23.
Blueleaf Energy reaches financial close for 200 MW hybrid wind-solar power plant in India
Blueleaf Energy has secured around $170 million from Axis Bank to finance its 200 MW hybrid wind-solar power plant in Madhya Pradesh.
Future-proofing utilities: Strategies for navigating technological disruption in India
The adoption of smart technologies is reshaping the utilities industry, with a particular focus on smart grids. Smart grids leverage advanced sensors, Internet of Things (IoT) devices, and real-time data analytics to transform how electricity is generated, distributed, and consumed.
SJVN increases renewables-plus-storage tender capacity to 2.4 GW
SJVN has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 1.2 GW.
JSW Energy secures Letter of Intent for 192 MW wind-solar hybrid power project
JSW Neo Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to set up a 192 MW grid-connected hybrid wind-solar power project, including an additional 96 MW under the green shoe option.
REC posts its highest Q1 profit of INR 3,442 crore
REC has reported total income of INR 13,037 crore and net profit of INR 3,442 crore for April-May-June quarter of FY 2024-25.
SECI allocates 630 MW renewables-plus-storage at average price of $0.059 /kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.
KPI Green secures Letters of Intent for 917 MW DC of solar, hybrid RE projects
KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urja Vikas Nigam Ltd’s recent tenders.
Adani Green net profit for Q1 up 95% YoY
Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.
The role of hydrogen electrolysers in sustainable energy
Hydrogen electrolysers are emerging as key players in grid balancing and energy storage strategies worldwide. By converting excess renewable electricity into hydrogen during periods of low demand, electrolysers offer a scalable solution to store energy for later use.
